1500 Cader Ln, Petaluma, CA 94954
- Manufacturing properties
- 132,821 SF
- 14.24 lot acres
Current Use by Public Records
- Juice Organics / Corporate Office
- Petaluma Poultry Processors / Food Processing Plant
Property Details for 1500 Cader Ln
- Year built
- 1978
- Construction
- TILT-UP CONCRETE
- Lot size
- 14.24 lot acres
- Property type
- Manufacturing properties
- APN
- 005-040-056-000
- APU
- 5040056000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 17, 2022 | $29,250,000 | Fjm Merced Associates LP | Kland LLC | Grant Deed | $49M · The Northern Trust Co |
| Jul 29, 2019 | — | Kland LLC | Kland LLC | Quit Claim Deed · related | — |
| Apr 12, 2002 | — | Kland LLC | Seattle Townhomes LLC | Grant Deed · related | — |
| Mar 15, 2002 | — | Seattle Townhomes LLC | Sola International INC | Grant Deed | $5M · Kland |
| Aug 15, 2001 | — | Sola International INC | Petaluma City (ca) | Quit Claim Deed · related | — |
Description
This exceptional industrial property, located at 1500 Cader Ln. in Southern Petaluma, offers a significant lease opportunity. The site encompasses 14.24 acres and boasts a total building area of 148,123 square feet, with 60,000 square feet currently vacant. Multiple units are available, ranging from a minimum of 15,000 square feet to a maximum contiguous space of 45,000 square feet. The property features a 24-foot ceiling height, three dock-high doors, and three drive-in doors. Ample power is provided with a 3200-amp service. The strategic location offers excellent freeway visibility and convenient access to Highway 101 and Highway 116, a dedicated truck route. Abundant parking is available for both trucks and cars. The area provides easy access to numerous amenities, including restaurants, cafes, and coffee shops, as well as business services such as FedEx, UPS, and postal services. The property also offers the potential for up to 35,000 square feet of office space. This is one of the largest industrial lease opportunities in the North Bay, making it an ideal location for businesses seeking a large, well-equipped space in a prime location. Additional docks can be added to accommodate specific needs.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $35,325,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $32,650,000
- 6.5%
- $30,140,000
- 7%
- $27,985,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $23,306,000
Market price range: $23.3M - $57.2M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $41,715,000 Current use
- MEDICAL BUILDING
- $48,800,000 Change: +17% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $41,975,000 Change: +1% Conversion: Easy
- RETAIL STORES
- $37,240,000 Change: -11% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Petaluma
- County
- Sonoma
- State
- California
- Longitude
- -122.592
- Latitude
- 38.2338
- CBSA code
- 42220
- CBSA name
- SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA
